Numerous companies are reportedly reducing their support for several major gay pride events across the U.S. and Canada in recent weeks.
Several pride organizations are falling behind on their funding goals after some companies have begun to either scale back their support or fully pull sponsorships, The New York Times reported Wednesday. Other organizations have been grappling with fundraising shortfalls in recent weeks amid longtime corporate sponsors backpedaling their support, including San Francisco Pride, which has been scrambling for alternative methods to raise $300,000.
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